The U.S. electronic design automation (EDA) software market is expected to reach USD 6.35 billion by 2025. Rapid growth of electronics industry in the U.S. coupled with the rapid product development is expected to increase the demand for electronic design automation software as these software’s are used in designing of circuits and IC designing. Growing demand for effective software applications among the electronic component manufacturers is further expected to drive the market demand over the forecast period.

Emergence of virtual reality, 3D smart televisions, wireless communication systems as well as smart home appliances, the demand for designing of circuits has increased. These factors are expected to have a direct impact on the industry growth. EDA involves a unique set of software algorithms which are essential for designing of complex semiconductor and next generation products. With an increase in VLSI design, EDA also becomes complicated.

Dynamic nature of consumer electronics industry is estimated to fuel the demand for electronic design automation software over the forecast period. Trend of continuous product development showcased by the consumer electronics market has led in a very active R&D department which is involved in designing of components for new and latest products.

The design software is expected to grow at a lucrative rate on account of its heavy usage across all industries. Usage of design software’s is done across all product developments where circuits are involved. Circuits act as a basis for connections and EDA software’s are used to design those circuits.